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Profitable Elevator Business for Sale in Ambala, India

Business that has installed 500+ elevators with 95% renewal CMC, is for sale.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 300 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 30 %
Industries Elevator
Locations  Ambala
Local Time 4:20 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 240 thousand (Native Currency: INR 20,000,000)
Reason: The promoter is migrating to another country.
Includes physical assets worth USD 96 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Company engaged in the installation, manufacturing, and trading of elevators as units as well as dealing spare parts of an elevator.
- Have a network of 30 to 35 suppliers for raw materials and parts.
- To date, we have served 500 customers and our clients are mostly hotels, apartments, and big chain hospitals. 95% are associated with us for yearly renewal CMC.
- We are an “A” class electrical govt contractor and ISO 9001-2015, OHSAS 45001-2018 certified company.
- Business does not have any loan and is run by 2 partners with equal equity stakes in the company.
Products & Services Overview
Installation, manufacturing, trading of elevator as a unit & spare parts of an elevator.
Assets Overview
Physical assets include stock and entire machine set-up consisting of 20 to 25 big and small machines. The buyer will get the brand, and company goodwill.
Facilities Overview
Built-up area of 10,000+ sq. ft. The land is personally owned by the promoter and is not included in this sale.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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